AUD/USD opens +1.29% as USD broadly fell on radically changed Fed outlook nL1N35L2OQ

The US 2-year yield has fallen over 100 bps since Wednesday on US bank woes nL1N35L2J4

Risk aversion and dovish turn in RBA expectation capping even strong gains nL1N35L33X

AUD/USD closed below 10-day MA (0.6673) but above that reading in early Asia

Resistance is at the 21-day MA at 0.6757 and 38.2 of 0.7158/0.6564 at 0.6791

Bids are eyed at 0.6620 with support at double bottom around 0.6565

USD likely to remain under pressure ahead of US CPI later today

Fed facing serious dilemma if CPI comes in hotter than expected

Volatility likely to continue in the short-term at least

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